SP Tulsian of sptulsian.com, says that he does not holds a positive view on oil sector stocks. He also says that digitization will help Dish TV post better numbers in future. Tulsian says he does not expect good numbers from Satyam in coming result.
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9 brokerages on what to buy in these volatile times
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Nirmal Bang has come out with its report on Speciality Restaurants' IPO issue. According the the research firm, the investors can "AVOID" the issue on expensive valuation.
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Though the Indian market and rupee is getting battered and bruised by the bears, the government still feels it is isn't time to panic yet. However, the government is keeping a close watch on developments and thinks that the rupee
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Plastene India, a manufacturer of jumbo bags and BoPP woven sacks, has withdrawn its Rs 75-crore initial public offer on Tuesday due to poor response from investors. This is the third IPO in 2012 that failed to attract investors du
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Tata Motorsâ April global sales were unimpressive which came in at 87,377 units. Their total JLR global sales came in at 25,143 units. April global CV sales came in 8% lower at 38,008 units YoY.
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The Indian market is badly hit by global as well as domestic factors. Saurabh Mukherjea of Ambit Capital says, this was always on the cards with Greece descending into political chaos. He advises investors to focus on sectors such as auto, IT rather than trying to buy banks, real estate, power and in
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Sudarshan Sukhani of s2analytics.com tells CNBC-TV18 that traders should start building short positions again because the downtrend is back.
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Jyotivardhan Jaipuria, BofA ML said they had been surprised at the resilience of markets. They continue to expect it to drift lower to expected 15,000 levels.
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Markets are red across the screen and in India the story is no different. Rajen Shah of Angel Broking says there is a lot of pain in the system due to the rumblings from the eurozone.
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The Indian market has been weak for the last few days. In an interview to CNBC-TV18, Atul Badkar of Edelweiss Securities says, further downside cannot be ruled out.
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The tough and bad days for Indian market are far from over. Foreign funds are eroding from India and experts warn that it is still indicating anemic symptoms. Ramesh Damani, Member, BSE is worried that the market is on a downtrend on the back of disappointing news and a modest amount of selling may push
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Vinayak Chatterjee, chairman, Feedback Ventures told CNBC-TV18 that he expects to see a significant uptick in the power sector in the next three-four months.
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Speciality Restaurants has agreed to sell shares worth Rs 26.41 crore to five anchor investors, it said in a regulatory filing on Tuesday, ahead of its USD 34 million initial public offering.
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Speciality Restaurants, which runs popular food chains such as Mainland China, Oh! Calcutta and Sigree, launched its initial public offer of 117.4 lakh shares today. It plans to raise Rs 171.4 crore at lower end of price band of Rs 14
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